Pree 1900 Morgan silver dollar vs 1990-2011 American silver eagle | |
Anonymous Coward User ID: 1313744 United States 03/26/2011 10:31 PM Report Abusive Post Report Copyright Violation | |
Punk-A$$ets User ID: 1107017 United States 03/27/2011 10:36 AM Report Abusive Post Report Copyright Violation | The Morgans are far less volatile as relates to the silver price. I've been selling choice BU morgans on ebay with good photos for $40+ for several years now. However, that is not the case with a silver eagle. You get bullion plus 10-15% and thats it. If silver goes to $60 per oz you'll likely get $65-$70 per coin for the morgans. But if the price falls to $25 you can still get $40+ each on ebay. Thats why I like them. There is a fuzzy line as relates to the bullion price. When silver was below $10 i could still sell a choice BU Morgan on ebay for $35 or more. Bottom line is the price goes up for choice BU morgans when the silver price goes up but the down side is limited. |
Punk-A$$ets User ID: 1107017 United States 03/27/2011 10:44 AM Report Abusive Post Report Copyright Violation | They do say that when the spot value rises, coin value rises more, and when the spot lags, coin value decreases more than spot. I am not an expert, but my first instinct is to go with the american silver eagles. I did. Quoting: Anonymous Coward 1313744The coin values do not decrease more when the price of bullion falls its actually the opposite - the numismatic spreads get larger. It is related to bullion price and with coins in choice to gem BU the decreases are actually far less when compared to bullion prices. However, the numismatic value for choice to gem BU coins is squeezed as the bullion price rises. |
Punk-A$$ets User ID: 1107017 United States 03/27/2011 10:46 AM Report Abusive Post Report Copyright Violation | |